RTX Corporation $RTX Shares Sold by Little House Capital LLC

Little House Capital LLC lessened its position in RTX Corporation (NYSE:RTX) by 30.7% during the fourth quarter, Holdings Channel reports. The fund owned 17,035 shares of the company’s stock after selling 7,536 shares during the quarter. Little House Capital LLC’s holdings in RTX were worth $3,124,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of the company. IFP Advisors Inc raised its stake in RTX by 3.1% during the 4th quarter. IFP Advisors Inc now owns 37,859 shares of the company’s stock valued at $6,943,000 after acquiring an additional 1,153 shares in the last quarter. Midwest Professional Planners LTD. raised its stake in RTX by 6.6% during the 4th quarter. Midwest Professional Planners LTD. now owns 34,428 shares of the company’s stock valued at $6,314,000 after acquiring an additional 2,135 shares in the last quarter. Adell Harriman & Carpenter Inc. raised its stake in RTX by 7.6% during the 4th quarter. Adell Harriman & Carpenter Inc. now owns 107,546 shares of the company’s stock valued at $19,724,000 after acquiring an additional 7,582 shares in the last quarter. Northbridge Financial Group LLC bought a new stake in RTX during the 4th quarter valued at $397,000. Finally, Cullen Frost Bankers Inc. raised its stake in RTX by 0.3% during the 4th quarter. Cullen Frost Bankers Inc. now owns 119,306 shares of the company’s stock valued at $21,881,000 after acquiring an additional 397 shares in the last quarter. Institutional investors and hedge funds own 86.50% of the company’s stock.

Key RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon, an RTX business, won an Office of Naval Research contract to further develop software-defined radar for next-generation naval systems, a potential growth driver in a high-value defense market. RTX’s Raytheon awarded contract to further develop next-generation software-defined radar capability
• Positive Sentiment: Raytheon completed the preliminary design review for NASA’s Landsat Next Instrument Suite, signaling progress on a space program that could add future revenue and strengthen RTX’s sensors and space portfolio. RTX’s Raytheon completes design review of Landsat Next space instruments
• Neutral Sentiment: Brokerage sentiment remains constructive, with RTX rated an average “Moderate Buy,” which may help support investor confidence but does not materially change the near-term fundamentals. RTX Corporation (NYSE:RTX) Given Average Rating of “Moderate Buy” by Brokerages
• Neutral Sentiment: Several articles mentioning “RTX” relate to NVIDIA-branded gaming GPUs and laptops, not RTX Corporation, and are unlikely to affect the stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on RTX shares. Citigroup cut their target price on RTX from $238.00 to $226.00 and set a “buy” rating on the stock in a research note on Thursday, April 2nd. DZ Bank lowered shares of RTX from a “hold” rating to a “strong sell” rating in a research note on Friday, February 6th. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $204.00 price target on shares of RTX in a research note on Thursday, January 29th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $240.00 price target on shares of RTX in a research note on Thursday, March 5th. Finally, Wells Fargo & Company started coverage on shares of RTX in a research note on Wednesday, April 1st. They issued an “equal weight” rating and a $200.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $210.75.

Insiders Place Their Bets

In other RTX news, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the business’s stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $205.56, for a total transaction of $7,349,797.80. Following the sale, the executive vice president owned 59,556 shares in the company, valued at approximately $12,242,331.36. The trade was a 37.51% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Ramsaran Maharajh sold 15,124 shares of the business’s stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $204.65, for a total value of $3,095,126.60. Following the sale, the executive vice president owned 13,184 shares in the company, valued at approximately $2,698,105.60. The trade was a 53.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 63,592 shares of company stock worth $13,023,502. 0.10% of the stock is owned by insiders.

RTX Trading Down 0.8%

Shares of RTX stock opened at $174.51 on Wednesday. The stock has a 50-day simple moving average of $190.53 and a 200 day simple moving average of $188.77. RTX Corporation has a fifty-two week low of $130.90 and a fifty-two week high of $214.50. The stock has a market capitalization of $235.00 billion, a P/E ratio of 32.74, a P/E/G ratio of 2.49 and a beta of 0.31. The company has a quick ratio of 0.78, a current ratio of 1.02 and a debt-to-equity ratio of 0.48.

RTX (NYSE:RTX) last announced its earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share for the quarter, beating the consensus estimate of $1.52 by $0.26. RTX had a return on equity of 13.50% and a net margin of 8.03%.The business had revenue of $22.08 billion during the quarter, compared to analysts’ expectations of $21.38 billion. During the same quarter last year, the business posted $1.47 earnings per share. The company’s quarterly revenue was up 8.7% on a year-over-year basis. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, sell-side analysts expect that RTX Corporation will post 6.91 earnings per share for the current fiscal year.

RTX Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Friday, May 22nd will be paid a dividend of $0.73 per share. This is an increase from RTX’s previous quarterly dividend of $0.68. This represents a $2.92 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Friday, May 22nd. RTX’s dividend payout ratio (DPR) is 51.03%.

RTX Company Profile

RTX (NYSE: RTX) is a U.S.-based aerospace and defense company that designs, manufactures and services advanced systems for commercial, military and governmental customers worldwide. The company was created through the 2020 combination of Raytheon Company and United Technologies Corporation and later adopted the RTX name, positioning itself as a diversified provider across the aerospace and defense value chain.

RTX’s operations span a broad set of capabilities. Its commercial aerospace businesses include Pratt & Whitney aircraft engines and Collins Aerospace systems, which supply propulsion, avionics, aerostructures, interiors and integrated aircraft systems.